Investors in MannKind Corp saw new options begin trading this week, for the December 16th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MNKD options chain for the new December 16th contracts and identified the following put contract of particular interest.

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in MannKind Corp , where a total of 77,659 contracts have traded so far, representing approximately 7.8 million underlying shares. That amounts to about 183% of MNKD's average daily trading volume over the past month of 4.2 million shares.

The most recent short interest data was recently released for the 07/29/2016 settlement date, and MannKind Corp is one of the most shorted stocks of the Russell 3000, based on 46.40 "days to cover" versus the median component at 6.42. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.

Investors considering a purchase of MannKind Corp shares, but tentative about paying the going market price of $0.9858/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $0.50 strike, which has a bid at the time of this writing of 12 cents.

Investors in MannKind Corp saw new options begin trading this week, for the June 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MNKD options chain for the new June 17th contracts and identified one put and one call contract of particular interest.